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Renovated 15-Unit Apartment Building
New
For Sale
$3,400,000

11 Charter St, Newburyport, MA 01950

MULTI_FAMILY - Newburyport, MA

Property Size5,527 SF
Lot Size0.10 Acres
Price / SF$615.16
Days on Market2

Property Features for 11 Charter St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning B2
Bedrooms 16
Bathrooms 16
Full bathrooms 16
Rooms Bathroom 11, Bedroom 1, Bathroom 10, Bedroom 11, Bathroom 6, Bathroom 2, Bathroom 15, Bathroom 1, Bathroom 13, Bedroom 3, Bedroom 13, Bathroom 4, Bathroom 9, Bathroom 8, Bedroom 6, Bedroom 10, Bedroom 15, Bedroom 4, Bedroom 2, Bedroom 8, Bedroom 16, Bathroom 14, Bedroom 5, Bathroom 7, Bedroom 9, Bathroom 5, Bathroom 16, Bedroom 14, Bathroom 3, Bedroom 7, Bedroom 12, Bathroom 12
Parking 6
Directions Sate St. left on Charter St.
Standard status Active
APN M:0006 B:0035 L:0000,2084632
Size 5,527 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14047

Building Details

Year built 1869
Floors in Building 5
Number of units 16
Listing Agency: Keller Williams Realty Evolution
Listed By: Keller Williams Realty Evolution
Added: Aug 10 Last Checked: Aug 11 at 8:06PM
MLS# 73561596

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,527-square-foot apartment property was built in 1869 and renovated within the past 3 years. The configuration includes 15 studio suites along with an owner-manager suite featuring a full bath. Interior improvements include hardwood flooring, tiled bathrooms, updated cabinetry and countertops, smart-lock entry, high-speed internet, and individually controlled, separately metered electric service. The building is fully sprinklered and has a 50-year flat roof, with coin-operated laundry available on site.

Located in downtown Newburyport, the property is near shops, restaurants, the waterfront, and the Clipper City Rail Trail. The 0.1006-acre parcel is zoned B2 and identified by the address 11 Charter St, Newburyport, MA 01950.

Key Highlights

  • 15‑unit residential property with 15 studio suites and an owner‑manager suite
  • 5,527 square feet on a 0.1006‑acre parcel
  • Renovated within the past 3 years with updated cabinetry, countertops, tiled baths, and hardwood flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Food Market Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,792
Businesses Nearby

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Downtown residential property with studio suites, an owner-manager suite, updated interiors, and on-site laundry.
Where is this apartment building located?
The property is located at 11 Charter St Newburyport, MA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 15‑unit residential property with 15 studio suites and an owner‑manager suite; 5,527 square feet on a 0.1006‑acre parcel; Renovated within the past 3 years with updated cabinetry, countertops, tiled baths, and hardwood flooring
More about this property
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